$455,000
SOLD SEP 30, 2022

40 Martin Rd Reading, MA 01867

2 Beds
1 Bath
1,488 Sq Ft
9,285 Sq Ft Lot

Recently Sold

$306 Per Sq Ft

1% Above List Price

5 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Wood Flooring
  • Birch Meadow Elementary School Rated A-
  • Property is near public transit
  • No HOA

About This Home

As of August 2025

Your vision meets the ideal location! Introducing an affordable opportunity to launch into the Reading market! Excellent condo alternative, first time homebuyer and/or downsizing option! This flexible floor plan offers several possibilities! The first floor provides an open concept kitchen, dining, living room, bathroom and bedroom. The second floor offers an amazing front to back primary bedroom with gleaming hardwood floors & walk-in closet. Additional storage options under the eaves. Basement for workshop and/or more storage. Maintenance free vinyl siding, gas heating, central air & newer hot water tank. Manageable yard space with storage shed. Close proximity to schools and the YMCA. Easy access to Routes 93, 95 & Commuter rail. Showings begin immediately!

Last Agent to Sell the Property

Family First Home Team

EXIT Premier Real Estate Listed on: 08/17/2022

Last Buyer's Agent

Cody Macaluso

ARG License #449609538

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,063

Year Built

  • Built in 1930

Lot Details

  • 9,285 Sq Ft Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned S15

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,488 Sq Ft Home
  • Light Fixtures
  • Range

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Outdoor Storage

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Call Supt Elementary And Middle School
  • RMHS High School

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Connected
  • Water Heater

Community Details

  • No Home Owners Association
  • Shops

Listing and Financial Details

  • Assessor Parcel Number M:038.000000066.0,736305

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,063

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape
  • Year Built: 1930
  • Buyer Agency: 2.0
  • Transaction Broker: 2.0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace YN: No
  • Appliances: Range,Refrigerator, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead
  • Room Bedroom2 Area: 92.96
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Walk-In Closet(s), Closet, Flooring - Hardwood, Lighting - Overhead
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 367.04
  • Master Bathroom Features: No
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Dining Room Area: 100.7
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Vinyl, Lighting - Overhead
  • Room Kitchen Area: 208.19
  • Laundry Features: First Floor, Washer Hookup
  • Room Living Room Level: First
  • Room Living Room Area: 213.9
  • Room Living Room Features: Closet, Flooring - Wall to Wall Carpet
  • Basement: Full, Sump Pump, Unfinished
  • Accessibility Features: No
  • Living Area: 1488
  • MAIN LO: B95195
  • LIST PRICE PER Sq Ft: 302.35
  • PRICE PER Sq Ft: 305.78
  • MAIN SO: AN3013

Exterior Features

  • Exterior Features: Storage
  • Construction Materials: Frame
  • Foundation Details: Block, Stone
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Highway Access, House of Worship, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:038.000000066.0,736305
  • Zoning: S15
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Sq Ft: 9285
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 39
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8063
  • Tax Book Number: 20694

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Rmhs
  • Elementary School: Call Supt
  • Middle Or Junior School: Call Supt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2025
Closed on
Aug 8, 2025
Sold by
Macaluso Cody J and Macaluso Alexandra
Bought by
Draci Ermal and Melgar Yesenia S
Seller's Agent
David Ladner
RE/MAX Harmony
Buyer's Agent
David Ladner
RE/MAX Harmony
List Price
$639,000
Sold Price
$600,000
Premium/Discount to List
-$39,000
-6.1%
Views
171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%
Original Mortgage
$540,000
Outstanding Balance
$540,000
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$64,739
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $600,000 --
Deed $600,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $540,000 New Conventional
Closed $540,000 New Conventional
Previous Owner $432,000 Purchase Money Mortgage
Previous Owner $87,000 No Value Available
Previous Owner $15,000 No Value Available
Previous Owner $73,000 No Value Available
Previous Owner $68,000 No Value Available
Previous Owner $41,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 Sold $600,000 0.0% $417 / Sq Ft
06/13/2025 06/13/25 Pending -- -- --
06/04/2025 06/04/25 Price Changed $599,900 -6.1% $417 / Sq Ft
05/19/2025 05/19/25 For Sale $639,000 0.0% $444 / Sq Ft
05/12/2025 05/12/25 Pending -- -- --
04/30/2025 04/30/25 Price Changed $639,000 0.0% $444 / Sq Ft
04/30/2025 04/30/25 For Sale $639,000 +6.5% $444 / Sq Ft
04/14/2025 04/14/25 Off Market $600,000 -- --
04/08/2025 04/08/25 Price Changed $669,000 -3.0% $465 / Sq Ft
03/25/2025 03/25/25 For Sale $689,900 +51.6% $480 / Sq Ft
09/30/2022 09/30/22 Sold $455,000 +1.1% $306 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $449,900 -- $302 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,410 $650,600 $479,300 $171,300
2024 $7,325 $625,000 $460,400 $164,600
2023 $8,376 $665,300 $415,100 $250,200
2022 $8,063 $604,900 $377,400 $227,500
2021 $8,006 $579,700 $361,600 $218,100
2020 $7,696 $551,700 $344,100 $207,600
2019 $7,478 $525,500 $327,800 $197,700
2018 $6,874 $495,600 $309,100 $186,500
2017 $6,560 $467,600 $291,600 $176,000
2016 $5,720 $394,500 $261,300 $133,200
2015 $5,360 $364,600 $241,400 $123,200
2014 $5,193 $352,300 $233,300 $119,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73026296

MLS Property Information Network (MLS PIN)

APN: READ-000038-000000-000066